Common use of Net Issue Exercise Clause in Contracts

Net Issue Exercise. (a) In addition to and without limiting the rights of the Holder under the terms hereof, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares computed using the following formula:

Appears in 2 contracts

Samples: Purchase Common Stock (Rockdale Resources Corp), Purchase Common Stock (Rockdale Resources Corp)

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Net Issue Exercise. (a1) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a holder that number of Shares shares of the Company's Series B Preferred Stock computed using the following formula:: X =Y(A-B) ------ A Where

Appears in 2 contracts

Samples: Commerx Inc, Commerx Inc

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder holder a number of Shares shares of the Company's Preferred Stock computed using the following formula: X=Y(A-B) ------ A Where:

Appears in 2 contracts

Samples: Paradigm Genetics Inc, Paradigm Genetics Inc

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Preferred Stock computed using the following formula:

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Ribogene Inc / Ca/), Ribogene Inc / Ca/

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant for cash, the Holder ------------------ holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a that number of Shares computed using the following formula:: X= Y(A-B) A ------ Where

Appears in 2 contracts

Samples: Stockholders Agreement (Quiznos Corp), Stockholders Agreement (Quiznos Corp)

Net Issue Exercise. (a1) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a holder that number of Shares shares of the Company's Series B Preferred Stock computed using the following formula:: X = Y(A-B) ------ A Where

Appears in 2 contracts

Samples: Commerx Inc, Commerx Inc

Net Issue Exercise. (ai) In addition in lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1(a), the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceledcancelled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company’s Common Stock computed using the following formula:

Appears in 1 contract

Samples: Photoworks Inc /Wa

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Preferred Stock computed using the following formula:: X= Y(A-B) A Where X - The number of shares of Preferred Stock to be issued to Holder. Y - the number of shares of Preferred Stock purchasable under this Warrant.

Appears in 1 contract

Samples: Epix Medical Inc

Net Issue Exercise. (a1) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a holder that number of Shares shares of the Company's Warrant Stock computed using the following formula:: X = Y(A-B) ------ A Where

Appears in 1 contract

Samples: Nextron Communications Inc

Net Issue Exercise. (a1) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares receives shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a holder that number of Shares shares of Class A Common Stock of the Company computed using the following formula:: X = Y(A-B) ------ A Where

Appears in 1 contract

Samples: Kanbay International Inc

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder may elect to receive Warrant Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula:: Where: X = the number of the Warrant Shares to be issued to the Holder. Y = the number of the Warrant Shares purchasable under this Warrant.

Appears in 1 contract

Samples: Nestbuilder.com Corp.

Net Issue Exercise. (a1) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a holder that number of Shares shares of the Company's Common Stock computed using the following formula:: Y(A-B) X=------ A Where

Appears in 1 contract

Samples: Internet Capital Group Inc

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder holder a number of Shares shares of the Company's Common Stock computed using the following formula: X=Y(A-B) ------ A Where:

Appears in 1 contract

Samples: Paradigm Genetics Inc

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant with cash, the ------------------ Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of surrendering this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of common stock computed using the following formula: X = Y (A-B) ------- A where:

Appears in 1 contract

Samples: Linkshare Corp

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Preferred Stock computed using the following formula:: X= Y(A-B) ------ A

Appears in 1 contract

Samples: Ribogene Inc / Ca/

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Preferred Stock computed using the following formula:: Y(A-B) X = -------- A

Appears in 1 contract

Samples: Ribogene Inc / Ca/

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Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Option, the Holder ------------------ may elect to receive Shares equal to the value of this Warrant Option (or the portion thereof being canceled) by surrender of this Warrant Option at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares computed using the following formula:

Appears in 1 contract

Samples: Employment Agreement (Emachines Inc /De/)

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Preferred Stock computed using the following formula:: X= Y(A-B) A

Appears in 1 contract

Samples: Epix Medical Inc

Net Issue Exercise. (ai) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms Section l(a) hereof, the Holder may elect to receive a number of Shares equal to the value (as determined below) of this Warrant (or the portion thereof being canceledcancelled) by surrender of this Warrant at the principal office of the Company together with notice the Notice of such election Exercise in which event the Company shall issue to the Holder a number of Shares computed using the following formula:which

Appears in 1 contract

Samples: Combichem Inc

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula:: X = Y (A-B) ___ A Where: X = the number of Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.

Appears in 1 contract

Samples: Loan Agreement (Slinger Bag Inc.)

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Common Stock computed using the following formula:: X=Y(A-B) ------ A Where

Appears in 1 contract

Samples: Point Therapeutics Inc

Net Issue Exercise. (a) In addition to and without limiting i)In lieu of exercising this Warrant in the rights of the Holder under the terms hereofmanner provided above in Section 6(a), the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder holder a number of shares of the Company's Class A Shares computed using the following formula:: X= Y(A-B) A Where

Appears in 1 contract

Samples: Broker Dealer Services Agreement (EmpireBIT, Inc.)

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares shares of the Company's Series C Convertible Preferred Stock computed using the following formula:

Appears in 1 contract

Samples: Online Resources & Communications Corp

Net Issue Exercise. (a) In addition to and without limiting i)In lieu of exercising this Warrant in the rights of the Holder under the terms hereofmanner provided above in Section 6(a), the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder holder a number of Shares shares of the Company's Class B Units computed using the following formula:: X= Y(A-B) A Where

Appears in 1 contract

Samples: Broker Dealer Services Agreement (Wiley Area Development LLC)

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1.1, the Holder holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder holder a number of Shares shares of the Company's Common Stock computed using the following formula: Where:

Appears in 1 contract

Samples: Traffic.com, Inc.

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